Curated News
By: NewsRamp Editorial Staff
March 04, 2025
MARK Capital Management's Crossbay II Fund Secures €660m in Equity Commitments for Urban Logistics Strategy
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- Crossbay II secures €660m in equity commitments, increasing fund size by 20% compared to predecessor, attracting diverse global investors.
- Crossbay II has a total investment capacity of over €1.5bn, managed by on-the-ground teams in major European markets, focusing on single-user distribution warehouses.
- MARK Capital Management's urban logistics strategy with Crossbay II aims to create value for investors while aligning with their objectives for sustainable real estate development.
- Crossbay II, led by CEO Marco Riva, is cycle-agnostic, benefits from best-in-class origination function, and sets itself apart with granular aggregation strategy.
Impact - Why it Matters
This news highlights the success of Crossbay II in attracting a diverse group of investors and becoming one of the largest industrial & logistics private real estate funds globally. The fund's strategic approach to urban logistics and strong on-the-ground presence demonstrate its ability to capitalize on opportunities in key European markets, offering potential for further growth and expansion.
Summary
MARK Capital Management's urban logistics fund, Crossbay II, secured €660m in equity commitments, representing a 20% increase from its predecessor fund. The fund has an investment capacity of over €1.5bn and focuses on single-user distribution warehouses in major European markets. Led by CEO Marco Riva, Crossbay II has already acquired over 7.5 million square feet and manages assets in the UK, France, Germany, and other countries.
Source Statement
This curated news summary relied on this press release disributed by 24-7 Press Release. Read the source press release here, MARK Capital Management's Crossbay II Fund Secures €660m in Equity Commitments for Urban Logistics Strategy
